What are the primary services performed by the closing agent?
The settlement company’s file is usually opened upon the receipt of the title order. Title can be ordered by the Purchaser, the Borrower, the loan officer or the Realtor. The average settlement company will then order a title search, a house location survey, payoff statements and teal estate tax information. eSettlement Solutions simultaneously creates a virtual file so all parties to the transaction have immediate access to the settlement process. All parties can communicate with each other and follow the progress of the transaction as it moves forward. All the parties can follow as we clear title, draft a title insurance commitment, schedule the closing time and date. We believe the settlement process should be a transparent and smooth procedure. The day before closing the lender will provide us with final loan instructions and Lender prepared loan documents. We merge these instruments into our system and create a final closing package. Among other documents we prepare the HUD-1 Sett
